Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

Maths Teacher

£110 - £200 per day: Randstad Education Leeds: Secondary Maths Teacher for spe...

Business Analyst - Surrey - Permanent - Up to £50k DOE

£40000 - £50000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

***ASP.NET Developer - Cheshire - £35k - Permanent***

£30000 - £35000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

***Solutions Architect*** - Brighton - £40k - Permanent

£35000 - £40000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

The Business Matrix: Wednesday 17 October 2012

Greece sells ports and refinery

Greece has paved the way for a fresh sell-off of the family silver by pledging more privatisations in the coming months to meet the terms of its €130bn (£104bn) bailout. The country's privatisation agency is set to sell a second wave of assets, including its biggest refiner and its two largest ports, Piraeus and Thessaloniki.

Bellway sees no lift to market

The Bank of England's Funding for Lending scheme, launched in August to boost credit, is having little if any effect yet, according to the UK housebuilder Bellway, based in Newcastle upon Tyne.

Etihad wants Aer Lingus stake

Etihad Airways would consider buying the Irish government's 25 per cent share of Aer Lingus, it said yesterday. Boss James Hogan said: "If the Irish government approached us to look at the stake, then we would do so. But they have still not approached us." The Abu Dhabi airline currently has a 3 per cent stake in Aer Lingus.

Yahoo poaches Google boss

Yahoo's new chief executive Marissa Mayer has raided her old employer and rival Google to find a new chief operating officer. Henrique de Castro has been tempted by a package worth $58m (£36m) over four years. He will get a basic salary of $600,000, with huge potential bonuses. Ms Mayer joined beleaguered Yahoo in July.

Smiths finds ways to beat the slump

Smiths News, Britain's biggest newspapers and magazines distributor, is bucking a tough economic climate by diversifying into new areas of distribution such as such as education, healthcare and e-books. Profits jumped 14 per cent to £36.6m, with sales up 4 per cent at £1.8bn in the year to August.

Spirit repays faith of investors

Spirit showed that there's life in the pub game yet, despite a £595m writedown on the value of its properties. It reported a 16 per cent rise in profits to £51m from the company's 1,300 pubs, despite lower consumer spending and brutal competition from cheap supermarket plonk. Spirit is paying a dividend of 1.95p.

Carpetright shares fall

Carpetright shares dipped yesterday despite a 0.6 per cent rise in UK sales in the 12 weeks to 13 October. It was the third successive quarter of positive growth. But overseas markets in Europe remain particularly tough after double-digit sales falls.

Sales slip at Informa

Informa, the financial and information publisher which owns Lloyd's List, yesterday admitted like-for-like sales fell 2 per cent in the first nine months of the year. The professional and commercial information division was the worst performer, slumping 4.7 per cent.

Coin collector 'owes £2.2m'

Rare gold coins dealer Baldwin's yesterday said it was owed £2.2m by a Qatari collector, leaving its owner, Noble Investments UK, warning of legal action. Shares in Noble fell 6.5 per cent or 12.5p to 180p on the news.

Pre-tax profits at the builder jumped 57 per cent to £105.3m in the year to 31 July, it reported yesterday.

Spain raises £4bn in bond markets

Debt-laden Spain passed its first test in bond markets since ratings agency Standard & Poor's cut its debt to one notch above junk status last week as it raised €4.9bn (£4bn) in short-term borrowing at a slightly lower cost than a month ago.

Latest stories from i100
Career Services

Day In a Page

Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker